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Buckeye Partners, L.P. (BPL)

78.76 Up 0.33(0.42%) Oct 24, 4:00PM EDT
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Buckeye Partners, L.P.
One Greenway Plaza
Suite 600
Houston, TX 77046
United States - Map
Phone: 832-615-8600

Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Pipelines
Full Time Employees:N/A

Business Summary 

Buckeye Partners, L.P. owns and operates liquid petroleum products pipeline systems in the United States. The company operates through four segments: Pipelines & Terminals, Global Marine Terminals, Merchant Services, and Development & Logistics. The Pipelines & Terminals segment transports liquid petroleum products, including gasoline, jet fuel, diesel fuel, heating oil, and kerosene; and refined petroleum products, such as propane and butane, refinery feedstock, and blending components, as well as crude oil. This segment owns and operates approximately 6,000 miles of pipeline serving approximately 110 delivery locations; and 115 active terminals that provide bulk storage and throughput services with aggregate storage capacity of approximately 55 million barrels. The Global Marine Terminals segment provides marine terminal throughput services, marine bulk storage, and other related services through 6 liquid petroleum product terminals located in The Bahamas, Puerto Rico, and St. Lucia in the Caribbean; and the New York Harbor in the continental United States. The Merchant Services segment is involved in the wholesale distribution of refined petroleum products, including gasoline; propane; ethanol; biodiesel; and petroleum distillates, such as heating oil, diesel fuel, and kerosene. The Development & Logistics segment offers operations, pipeline construction management, turn-key operations and maintenance, asset development, and construction services for third-party pipeline and energy assets. This segment owns and operates 2 underground propane storage caverns with approximately 800,000 barrels of throughput and storage capability in Indiana and Illinois; and a 30-mile ammonia pipeline and 25 miles of pipeline in Texas. Buckeye GP LLC serves as the general partner of the company. Buckeye Partners, L.P. was founded in 1886 and is headquartered in Houston, Texas.

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Key Executives 
Mr. Clark C. Smith , 60
Chief Exec. Officer of Buckeye GP LLC, Pres of Buckeye GP LLC and Director of Buckeye GP LLC
Mr. Keith E. St. Clair , 57
Chief Financial Officer of Buckeye GP LLC and Exec. VP of Buckeye GP LLC
Mr. Robert A. Malecky , 50
Sr. VP of Buckeye GP LLC and Pres of Domestic Pipelines & Terminals Bus. Unit
Mr. Khalid A. Muslih , 42
Pres of International Pipelines & Terminals Bus. Unit of Buckeye GP LLC
Mr. Joseph A. LaSala Jr., 59
Director of Buckeye GP LLC, Member of Nominating & Corp. Governance Committee and Member of Compensation Committee
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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